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Searching for advice from experts across the Web would seem to be a starting point, except that can often mean running into not only plenty of hype but plenty of contradictions as well. Such as: It's all about transparency and openness! The old barriers between professional and private really matter less than ever! Just remember: Never tweet your politics. Or too many weekend details. Or how much you have on the Steelers to cover on Sunday. Or: It's about developing long-term relationships, not focusing any longer on...
by BarbaraWeltman, Guest Blogger on Thursday, February 4, 2010 - 11:41
It’s probably a good idea for most business owners to focus on the core of their business, such as selling fishing lures or designing websites, and use experts to help them in financial matters. According to the IRS, more than 80% of small businesses use accountants to prepare their returns, something you may be acutely aware of during tax season. But tax return preparation isn’t the only reason to use an accountant. Here are five areas to discuss with your accountant: Cash flowCash flow, which is the cycle of money in and out...
by DawnRiversBaker, Window Shopper on Tuesday, February 2, 2010 - 10:54
Economic infrastructure. Do you know what it is? We don't spend very much time talking about it, although there are communities around the web that devote their entire intellectual capital to looking at it and figuring it out — largely because building economic infrastructures needs to be done as a first step toward helping a lot of third world countries to piece together a thriving economy that will end the crushing poverty in so much of the world. But I digress. I'm talking about economic infrastructure because I've been thinking...
by TonyaWilson, Former Guest Blogger on Thursday, January 28, 2010 - 20:04
As a member of the Ohio SBDC team, I don’t work in a silo. I work with an amazing team of people who are true experts in their fields and have an undying passion to help others achieve their business goals. So sometimes I think it’s good to share the wealth; to share the thoughts and experiences of some phenomenal individuals with you and opportunity to be heard with them. Here, be enlightened by Michael Bowers*, Regional Director of the Ohio Small Business Development Center at Columbus State Community College. Michael’s 10...
by BillGormley, Former Guest Blogger on Tuesday, January 19, 2010 - 14:11
I’m going to start off this post saying something that may make you want to click away. I’d like to ask you to fight that instinct. Stick with me, and I’ll explain why. Here goes: “Small Business Set-Asides”. Are you still with me? So often, when someone starts talking about small-business set-asides, half the audience either tunes out or leaves the room. Medium and large companies assume they are shut out of this “special” deal the government has worked out for small businesses....
Are you artful in the kitchen? Have your friends praised your delectable tasty treats? Perhaps you’ve been encouraged to turn your culinary skills into a business of your own. Before you start dreaming about becoming the next Mrs. Field’s, make sure you have the right recipe for success. It’s not as simple as whipping together the flour, sugar, butter and eggs. If you don’t do your homework, you can end up in hot water. First, just as with any business start-up you must carefully plan your business strategy...
by Tim Berry, Guest Blogger on Monday, January 11, 2010 - 20:53
Don’t dismiss business planning just because you don’t need to show a document to anybody. One of the best fringe benefits of a good business planning process is the teamwork and collaboration it can generate. 1. The magic of metrics Never underestimate the power of metrics: it's about giving people concrete, measurable goals, so they can track their own progress. Money-based metrics like sales and expense budgets are obvious, but a good business planning process gives an organization a chance to develop and manage metrics for...
by CraigColgan, Performer on Thursday, January 7, 2010 - 11:16
The Web has found its killer-app, and it is social media. No question about it. In the decade of the 'aughts,' business learned that their customers are using the Internet in a way that puts sharing and socializing front and center, instead of what many thought the whole point would be: assembling and displaying vast piles of pretty but unconnected content. This was a shock. Should it have been? Regardless, many businesses want to make up for any lost time. Businesses are racing to social media, learning as much as they can as fast as...
by nyssbdcrn, Performer on Tuesday, January 5, 2010 - 13:30
Small and medium-sized businesses want and need to deal with governments at all levels. Thanks to a listserv I monitor, I came across these sources of state and local government information. USA.gov. Look on the right side of the home page for a link to Government Agencies *The State and Local Government Internet directory 'provides convenient one-stop access to the websites of thousands of state agencies and city and county governments. Use the drop-down menus on the left to view directory pages for: •States: State Government Offices -...
by Rieva Lesonsky, Guest Blogger on Wednesday, December 30, 2009 - 19:36
Want to give your company a higher profile online? If starting your own blog seems like too big of a commitment for your business, don't worry. You don't have to start your own blog to get publicity-you just have to get mentioned in someone else's blog. Before you begin your quest to get blogged about, it's important to understand a few things about blogs. Most successful bloggers post new content at least two or three times a week. Of course, many of them post much more frequently than that-several times a day isn't unusual. That means...
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by CraigColgan, Performer on Friday, February 12, 2010 - 01:21